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20121222
20121230
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>> the president said that right now senate democratic leader harry reid and senate republican leader mitch mcconnel are working on a deal. he meet with them along with house speaker john boehner and house democratic leader nancy pelosi.at the white house for about an hour today. he said the meeting was good and constructive. but expressed his frustration for the american people with waiting until stories... >> america wonders why you cannot get things done in this town in an organized timetable. why does everything have to wait until the last minute? now, we are at the last minute. the american people are not going to have many patients for a self-inflicted wound to our economy. >> reporter: coming up at 5:30 we'll have more from the president. and our political analyst michael yaki will give us his take on today's developments. >> catherine: there's rain on the way this holiday weekend. this is a live look from our camera on mount tam. and a look at downtown san francisco. i'm here in the weather center with jacqueline bennet -- where is the wet weather? >> jacqueline: we are
to avoid the "fiscal cliff." the u-s senate is back in session. democratic leader harry reid. took aim at the house of represenatives for not ending its vacation early. >> i can't imagine their conscious. they're out wherever they are around the country and we're here trying to get something done. >> late thursday.the house decided it will return to washington on sunday evening. a spokesperson for house speaker john boehner responded that reid should "talk less and legislate more." the biggest divide continues to be taxes. democrats want to extend the bush-era tax cuts to everyone except those americans making 250- thousand dollars or more a year. many republicans remain against any tax increases. >> rep. steven latourette (ohio): nobody is willing to pull the trigger. everybody wants to play the blame game. this blame game is about to put us over the edge. >> some say a scenario that could play out is allowing tax increases to take effect on january 1st. then on the 3rd when the new congress is sworn in, lawmakers can vote to cut taxes. >> grant: joining us now, our poltical analyst
with the speaker, john boehner after meeting with harry reid. he made a big point is saying that they have tend taste left. but there is a big deal on the table but let us get real. we only have 10 days. basically kick the can is to postpone the tax increases on the middle class and and send everything to the next congress. and it is perhaps they feel good operation so the spending cuts to not go into effect and probably wanted that silly debate will start all over again now. >> pam: that has been the discussion for a while and still less not happen to. they have all gone home. >> part of the problem is that the entire debt ceiling and fiscal cliff issue was an artificial crisis created because of the debt ceiling. from 2011. it was done to put pressure on president obama to hurt him for reelection in. if ms. ryan would have been into -- death rya -- if mitt roy would have been reelected-- they just want to get this done of course, house speaker, john boehner does not have the votes. and how could they possibly get an agreement on this. >> that is also not happening either. >> the answer and th
Search Results 0 to 2 of about 3